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Show WANTS NO WOMEN TRADERS Wall Street Broker Had One Experience, Experi-ence, and He Vows Never to Have Another. "Women traders!" exclaimed a prominent broker, throwing his hands above his head. "Never again. And I'll tell you why." He walked over to the ticker and glanced at the tape a moment and then resumed: "About five years ago a lady friend of mine came down to the office and wanted to buy some stock. " T want something that is a good investment she told me, 'a stock that pays a seven per cent, dividend and one that will always pay it' "Well, I old her I thought so-and-so was a good buy, and that T thought it would always be able To pay its seven per cent. The market was 102 and she bought 100 shares, giving me her check for $10,200. She went away and in a week or so the stock rose to about 125, "A few days later She came to the office, but the mfiflcet had had one of those healthy reactions and her stock was selling for 95. "'I think I'll sell my stock,' she said. T don't like the looks of this market.' "I sold it for her and had the cashier cash-ier make out a check for $9,500. When I handed it to her she nearly fainted. " 'Why, I gave you my check for $10,200 and you are only giving me back $9,500,' she cried. "I explained to her that she had sold it after it had declined. " 'But you told me I was buying a stock that would never go down,' she insisted. "Try as I would I could not make her understand I had told her the stock would always pay Its seven per cent, dividend and to save any further fur-ther complication I had another check made out for $10,200. But since then we have never allowed a woman to trade in ' our office." Wall Street Journal. |